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AFI Ploiesti, the first building in town to obtain the LEED Gold certification

AFI Ploiesti, the first building in town to obtain the LEED Gold certification

Bucharest, August 2, 2017: AFI Ploiesti shopping center owned by AFI Europe Romania received the LEED Gold Certification within the “green” building rating system of the United States Green Building Council. AFI Ploiesti becomes, thus, the only building in town to achieve the LEED Certification.

 

AFI Ploiesti received the LEED Gold certification in the category of Existing buildings: operations and maintenance in regards to energy efficiency, water efficiency, energy and atmosphere, materials and resources, carbon dioxide emissions, improvement of indoor air quality and the overall use of resources more efficiently.

 

AFI Ploiesti is the first and only modern shopping mall developed in the city center of Ploiesti. It was inaugurated in 2013 following an investment of over 50 million euros. The mall offers a gross built-up area of 56,000 sqm, of which a total gross leasable area (GLA) of 34,000 sqm, spreading over two floors. Visitors can choose from more than 100 national and international brands for shopping, but have also an entertainment and leisure area of over 7,000 sqm and 1,000 parking spaces. With almost 100% occupancy rate, the shopping center is visited, on average, by 15,000 people on a daily basis.

 

This new recognition for our portfolio is a great honor for us, especially since it comes shortly after AFI Tech Park’s LEED Platinum pre-certification in the area of sustainable buildings. We are committed to becoming sustainable not only through our office buildings or dwellings, but also through our shopping centers. This is why we are happy AFI Ploiesti now joins the AFI community of «green» buildings and becomes, thus, our first project outside Bucharest to achieve the LEED Gold certification, at the same time an extraordinary benefit for our tenants, as it means a reduction by about 40% of the utilities costs, compared to a conventional building,” says David Hay, CEO AFI Europe Romania.

The certification process for AFI Ploiesti was carried out in partnership with Colliers International, which advised AFI Europe Romania.

 

AFI Europe confirms its commitment to sustainable development by aligning AFI Ploiesti shopping center to the LEED international standards. Obtaining the LEED certification for an existing building is a vote of trust given to green buildings and to the advantages they offer on medium and long term, both to tenants and owners. For more than one year, AFI Europe has implemented a series of technical measures, education and CSR campaigns, with visible long-term benefits: increased efficiency of the management systems, higher quality of the indoor environmental conditions and significant cost savings,” says Oana Stamatin, LEED AP BD+C Real Estate Management Services of Colliers International Romania.

 

About AFI Europe

AFI Europe, a subsidiary of AFI Properties, is one of the leading real estate development, management and investment companies, which is operating in Central and Eastern Europe since 1997.

AFI Europe’s diversified portfolio consists of shopping malls and retail properties, business parks and large-scale residential and mixed-use developments. AFI Europe operates in Romania, Czech Republic, Poland, Germany, Bulgaria, Serbia, Hungary and Latvia.

About AFI Europe Romania:

AFI Europe operates in Romania since 2005. The company has developed and is managing “AFI Cotroceni”, the largest and most dominant shopping mall in Romania and among the leading shopping malls in the CEE region. The mall spreads over a leasable area of close to 90,000 sqm (GLA) and offers to its visitors a large entertainment area with multiple leisure options and a variety of over 300 shops of local and international brands, visited by 50,000 customers per day.

In October 2013, AFI Europe inaugurated AFI Ploiesti, the first and only modern shopping mall developed in the city centre of Ploiesti, following an investment of over EUR 50 million. The shopping mall offers a total gross leasable area (GLA) of 34,000 square meters spreading over two retail floors occupied by 100 national and international brands, including more than 7,000 sqm of entertainment.

Adjacent but fully integrated into AFI Palace Cotroceni shopping mall, AFI Europe Romania has developed AFI Park, Bucharest’s newest and most advanced Class A Business Park. AFI Park offers 70,000 of office leasable area occupied by multinational IT&C corporations. AFI Park 1-5 are 98% leased. In April 2016 AFI Europe Romania has completed AFI Park 4&5 office building offering additional 32,000 sqm of gross leasable area to the total project. AFI Park line-up of multinational tenants includes: Microchip Technology, Electronic Arts, Endava Romania, Cameron US, SII Romania, ORTEC Central & Eastern Europe, FotoNation, Telus International, Veeam Software and Dell SecureWorks.

AFI Europe Romania is currently under development in the City Centre of Brasov Romania of AFI Brasov, which includes a 45,000 sqm GLA shopping mall and 25,000 sqm GLA office project.

In the office segment, AFI Romania is under development of AFI TECH PARK, a 56,000 sqm of GLA Class A Business Park located in close proximity to the J.W. Marriott hotel and the Romanian Parliament. The business park will comprise of 2 low rise office buildings and one office tower, with ample green areas, a high tech/campus style environment in an urban complex with a central plaza & gardens. AFI TECH PARK manages to answer the expanding needs of IT&C companies in Romania by offering a suitable space in terms of technical specifications accompanied by required expansion options. The fact that the Business Park is located in Downtown Bucharest and not in City Outskirts provides the Park the unique advantage sought after by multinational companies in Romania

In addition, AFI Europe Romania has two projects to be developed in the near future on the company’s 80,000 sqm land plot in Arad where a Retail park is to be developed and the large scale residential project  AFI City, to be developed on the 148,000 sqm land plot in Bucurestii Noi district 1 of Bucharest.